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Message
re: U.S. Homebuilders Confidence Slips in January
Posted on 1/20/21 at 10:12 am to cadillacattack
Posted on 1/20/21 at 10:12 am to cadillacattack
Yes, builder confidence has gone down from record in November. Big things to also consider - there are more families being formed that are looking for housing than there is supply available. Additionally, supply is down due to Covid. Once supply (materials and workforce) return, we will see these construction prices go down.
Posted on 1/20/21 at 11:17 am to WeAreBR
quote:
we will see these construction prices go down.
Except for a dip in existing home prices in 08-09-10 I Hcw heard construction prices will go down. I never have seen them go down by any appreciable amount at least on the Northshore.
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